Textile exports: higher value addition and volumes
Textile industry has witnessed an unprecedented growth as depicted by an increase of 22% in exports in FY21 as compared to FY20 and 15% when compared to FY19. The resulting…
Global carmakers now target $515bn for EVs, batteries
Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis, amping up investments aimed at weaning…
India’s Essar seeks loans from traders as banks fear Russian links
Indian refiner Essar Oil is looking to raise over $1 billion from trading houses after its new Russian owners could not raise loans from major Western banks due to sanctions…
Iran a decade or more from becoming major gas exporter
The world's largest gas reserves may tempt some energy companies back to Iran if sanctions are lifted, but Tehran is unlikely to become a significant gas supplier to Europe or…
Fixing the economy
As a nation we seem to believe that there is either a magic wand that will make our problems disappear or that undertaking reforms is like fixing an electricity fuse…
More sentient than we imagine
The news earlier this month about the orca (killer whale) named by marine scientists as Tahlequah carrying its dead calf off the coast of Washington State in the US stirred…
Poverty statistics are critical
In Pakistan administration after administration errs on the side of data manipulation to show better performance than is in fact the case, which indicates that political as opposed to economic…
Pakistan’s economic opportunities in the SCO
Being part of a regional organization greatly benefits countries by improving their global trade position while ensuring sustainable economic development. As Pakistan tries to be a part of regional integration,…
The burden of inefficiency
I was amazed to discover the profound lack of understanding surrounding the footprint and performance of state-owned enterprises (SOEs) in Pakistan upon joining the government. This glaring absence of data…
Realistically speaking, the economy has improved
Making comments on financial issues without any expertise in the subject matter or without receiving concurrence from the experts has become a widely adopted approach. Recently, I saw numerous remarks…
